Liverpool boss Jurgen Klopp and transfer guru Michael Edwards are reportedly prepared to sell as many as nine Reds players.
The duo plan to raise funds for new recruits and believe that offloading some of the deadwood will see a return of around £60million, which can be pumped back into the club.
Liverpool have already made a start in the transfer window, signing highly-rated French centre-back Ibrahima Konate from RB Leipzig.
The defender was signed for his £35million release clause fee after Liverpool decided they would not be triggering the £18million clause in Ozan Kabak's contract to make his loan move permanent.
According to The Athletic, up to nine players could leave Liverpool this summer as part of a mass overhaul.
There are a lot of players on the books at Liverpool that are no longer in Klopp's plans and not getting regular game time.
And the nine players on the proverbial chopping block are Harry Wilson, Divock Origi, Marko Grujic, Xherdan Shaqiri, Liam Millar, Taiwo Awoniyi, Loris Karius, Sheyi Ojo, and Ben Woodburn.
Klopp reportedly believes that the Reds can recoup £60million by selling the nine stars, which could be put towards a new signing.
Liverpool transfer targets include Youri Tielemans and Lorenzo Pellegrini, who have been cited as possible replacements for the departing Georginio Wijnaldum, who officially joined Paris Saint-Germain on Thursday.
The Dutchman's contract at Liverpool expired this month and he turned down the chance to sign fresh terms.
Barcelona were the initial favourites to snap him up, with Wijnaldum reportedly keen on linking up with compatriot Ronald Koeman.
But in the end, it was Mauricio Pochettino's PSG who won the race for the 30-year-old.
Upon putting pen to paper on a three-year contract, Wijnaldum said: "Signing for Paris Saint-Germain is a new challenge for me.
"I'm joining one of the best squads in Europe and I want to bring all my desire and commitment to this ambitious project.
"Paris Saint-Germain have proved how good they are in recent years and I am convinced that together, with our supporters, we can go even further and higher."